Ericsson : A more-rapid-than anticipated improvement in margins, target price raised to SEK 135
>Q4 2021 earnings beat forecasts on all fronts thanks to momentum at the network division - Yesterday, Ericsson’s Q4 2021 results publication came in well above forecasts, thanks to very favourable momentum at the network division. Group sales were SEK 71.3bn, beating the consensus forecast of SEK 68.2bn, i.e. a 2%cc y-o-y increase (+27% q-o-q), i.e. +5% excluding China (where the group lost market share related to reprisals linked to measures against Huawei). The gro...Ericsson provides communications technology and services. Co.'s services, software and infrastructure – especially in mobility, broadband and the cloud – enable the telecom industry and other sectors to do business, increase efficiency, improve the user experience and capture new opportunities. Co. has more than 110,000 professionals and customers in more than 180 countries. Co. provides support for networks with more than 2.5 billion subscribers. Co.'s core business areas are called Radio, Core and Transmission and Telecom Services. Co. divides its operations into three business segments: Networks, Global Services and Support Solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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